Ahead of its Q4 2027 opening, Sunway Ipoh Mall is 80% leased, signalling strong interest in Perak’s untapped market for quality Tier 1 retail space. The RM1 billion development spans 1.2 million sq. ft. of net lettable area (NLA) with four retail floors and 400 shops, including 100 brands marking their first presence in Perak.
25 brands are joining the mall, with more making their Perak debut
Sunway Malls unveils 25 brands joining Sunway Ipoh Mall, including seven anchor tenants and nine brands making their Perak debut, expanding the range of leisure and lifestyle choices for the state. The line-up features:
- MUJI
- LC Waikiki
- TopTen10
- Brands Outlet
- Decathlon
- Estée Lauder Companies
- Harvey Norman
- HOOGA
- JD Sports
- L’Oréal Group
- MAP Active
- Neonest
- Padini
- Panda Eyes
- Popular
- The Parenthood
- Valiram Group
- And UNIQLO — which will bring its largest store in Perak to Sunway Ipoh Mall
Anchor tenants include:
- Parkson Elite
- Village Grocer
- TGV Cinemas
- Mr. D.I.Y. Plus
- Sunway Ice Rink
- Sunway Ipoh Exhibition Centre
- Sunway Megalanes
Sunway Ipoh Mall is set to bring a new retail experience to Perak
“The 80% leasing commitment ahead of opening reflects the demand we are seeing for quality retail space in Ipoh. While Perak has an established consumer and tourism base, there remains considerable room for a large-scale retail destination with the right mix of brands, dining, leisure and experiences. Sunway Ipoh Mall allows us to address that opportunity while giving our business partners access to a market that remains relatively underserved,” said HC Chan, Group Managing Director of Sunway Malls.
Sunway Malls enters this next phase of expansion from a strong operating position while maintaining a 98% occupancy rate across the 11-mall portfolio as compared with the national average of 79%. In the first half of 2026, the mall group records 5% year-on-year sales growth, ahead of the industry’s 3.1%.
Sunway City Ipoh is growing into an integrated township
“Ipoh presents a compelling opportunity for us, supported by an established local consumer base, a strong tourism economy and the continued development of Sunway City Ipoh. Sunway Ipoh Mall sits at the heart of this integrated township, bringing retail, dining, entertainment and community experiences together with hospitality, tourism, education and healthcare. The strong commitment from our retail partners reinforces our confidence in the mall’s potential to unlock new growth for Ipoh and the wider Northern region,” said Chai Wen Yew, Chief Executive Officer of Sunway Malls Northern Region.
Together, Sunway Carnival Mall in Penang and the upcoming Sunway Ipoh Mall account for 22% of Sunway Malls’ portfolio, strengthening the group’s reach across Northern Malaysia. Sunway Ipoh Mall extends this presence into Perak while creating a new platform for retailers seeking quality Tier 1 space in the region. Sunway Ipoh Mall forms a key part of the 1,350-acre Sunway City Ipoh integrated township, which brings together tourism, hospitality, healthcare, education, residential and commercial components.
Existing developments include Lost World of Tambun Theme Park, The Banjaran Hotsprings Retreat, Sunway Medical Centre Ipoh and Sunway College Ipoh, alongside upcoming developments including Sunway University, a new hotel and convention centre. The township currently carries RM2 billion in gross development value, with a further RM4 billion planned over the next 10 to 15 years.
More than just a mall, it’s designed as a new R&R destination
Located approximately five minutes from the North-South Expressway via the Tambun exit, Sunway Ipoh Mall is positioned as a new-generation R&R destination for interstate travellers, extending the traditional stopover experience with retail, dining, entertainment and leisure.
Its retail and leisure proposition includes Perak’s first ice-skating rink, a 36-lane bowling centre, multipurpose sports facilities, an exhibition centre and a 10-hall cinema with approximately 1,500 seats. The mall also features the Gourmet Garden, which brings together indoor and outdoor dining amid greenery and views inspired by Tambun’s limestone landscape.
With 2,950 parking bays, including 100 EV charging bays, Sunway Ipoh Mall is designed to complement the broader tourism and leisure ecosystem within Sunway City Ipoh while creating a new platform for retailers and business partners to participate in the growth of Perak’s consumer and visitor economy.
Sunway Malls is giving its existing malls a refresh too
As of September 2026, 435 shops covering a combined 850,000 sq. ft. of retail space across Sunway Malls have undergone upgrades or renovations, reflecting the group’s continued focus on refreshing its existing assets alongside its development pipeline.
Sunway Malls currently owns and manages 11 malls, with five more in the pipeline over the next three years, bringing its portfolio to 16 malls. Its growth strategy centres on the refurbishment of existing retail space, deeper business partnerships and organic growth through new developments.
Also read: Sunway Group Earns Global Recognition for Workplace Culture
